Standard Chartered

Standard Chartered Bank

Phone: +880-2-8833003-4, 01819 399999, (02) 896 1151
Email:
Name

Business Installment Loan

Description
Do not let fund shortage hold back your business expansion. Fight back all fund related constrains with Standard Chartered Bank’s Business Installment Loan. Inject up to BDT 7 Million to truly make your business fly!
Loan Amount
BDT 1,000,000 to up to BDT 7 Million
Tenure
36 months to 60 months
Interest Rate
19.5% per annum
Eligibility
Business
Conditions
Any Business fulfilling the following criteria can apply for this loan:

* At least 3 years or more experience in the same business
* Minimum annual turnover of BDT 12,000,000 (One crore twenty lacs) only
Supporting Documents
The following denotes the documents required for any business to apply for this loan:
Documents Proprietorship Concern Partnership Firm Private Limited Company
1 Valid Trade License √ √ √
2 3 Year Old Trade License √ √ √
3 Latest 12 Month Bank Statement √ √ √
4 National ID of Business Owners √ √ √
5 Utility Bill of Business √ √ √
6 TIN Certificate √ √ √
7 Photograph of the Owners √ √ √
8 Registered Partnership Deed N/A √ N/A
9 Memorandum & Article of Incorporation, Form X and XII N/A N/A √
10 Certificate of Incorporation N/A N/A √
11 Board/ Partnership Resolution N/A √ √
12 All Facility Related Offer Letters √ √ √

Details
30% to 50% of the loan amount

Reviews

This place is where you can write your valuable comment, suggestion, complain or share your views about this banking items. Other people can get the benefit from your input knowing how good/bad this item is. Your valuable feedback will help the bank to refine their products and improve the quality of services.
Comments powered by Disqus